MoneyWatch

UPS workers are gearing up for a potential strike that would be the biggest U.S. labor walkout since the 1950s. Members of the Teamsters union, which represents about 340,000 workers at the package delivery company, voted overwhelmingly on Friday to strike if no agreement is reached with UPS by the …

Millions of Americans with student debt are in limbo as they wait for the Supreme Court to rule on the Biden administration’s student-debt relief program. But in the meantime, some Republican lawmakers are proposing their own methods for tackling what they describe as the “skyrocketing” cost of college.  The Lowering …

Music producer and rapper Sean “Diddy” Combs is suing spirits company Diageo, accusing it of neglecting their business agreement and failing to invest in his liquor brands because he is Black. The complaint, filed Wednesday with the New York Supreme Court, said that while Diageo publicly promotes itself as a …

Nearly 300 medications are in short supply in the U.S., including chemotherapy drugs used to treat some types of cancer. A number of factors have contributed to the shortages, which have increased by nearly 30% between 2021 and 2022, according to a recent congressional report. Those include include manufacturing snags and …

The end of Title 42, the pandemic-era rule that allowed government authorities to turn away migrants seeking entry at the U.S.’ southern border, is raising questions about a possible increase in the number of people entering the country and the potential cost to taxpayers. So far, a spike in illegal border …

Facebook says it is not dead. Facebook also wants you to know that it is not just for “old people,” as young people have been saying for years. Now, with the biggest thorn in its side — TikTok — facing heightened government scrutiny amid growing tensions between the U.S. and China, Facebook …

A government report Friday showed that companies continued to provide solid pay raises to their employees last quarter. The report, called the employment cost index, which measures wages, salaries and benefits, rose 1.2% in the first three months of the year. That was up from 1.1% in the final quarter …

The spring homebuying season in the U.S. is off to a tepid start as buyers contend with sharply higher mortgage rates and near historic-low inventory of properties on the market. Existing U.S. home sales fell 2.4% last month from February to a seasonally adjusted annual rate of 4.44 million, the …

The concept of equal pay for equal work is a cornerstone of Americans’ sense of fairness in the workplace. But the rise of artificial intelligence allows some large companies to pay workers different amounts to do the same work, a new research report alleges. The study finds that companies like …

Thousands of professors, part-time lecturers and graduate student workers at Rutgers, New Jersey’s flagship university went on strike Monday after nearly a year of negotiating failed to reach a contract. It’s the first such job action in the school’s 257-year history. Hundreds of students, staff and faculty took to the …